Positioned on the front left corner of a prime development site, this expansive 3,582m² allotment presents an outstanding opportunity to land bank or develop (STCA), surrounded by a number of successful and well established projects that clearly demonstrate the area’s strong growth and future potential.
Whether you are a developer seeking your next multi lot project, an investor looking to secure a substantial parcel with holding income, or a buyer wanting to build your dream home on an impressive allotment, the flexibility here is exceptional. Explore the potential to subdivide, create a boutique townhouse development, construct multiple dwellings, or design and build a substantial family residence with space for shedding, a pool, or additional dwellings, all subject to council approval.
Importantly, the existing home is fully fenced off from the remainder of the allotment, making it an ideal rental while future plans are explored. Currently tenanted, it provides immediate holding income with the hard work already done.
The fully renovated 1960s three bedroom weatherboard home is beautifully presented and move in ready. Inside, you will find spacious open plan living, kitchen and dining areas enhanced by a split system for heating and cooling, along with ducted evaporative cooling throughout. The kitchen is well appointed with gas hotplates, a wall oven and a breakfast bar for casual meals. The bathroom includes a shower, bathtub and vanity, with a separate toilet for added convenience.
An undercover entrance and decking area create a welcoming outdoor space, while the long driveway leads to a single garage and provides ample off street parking for multiple vehicles.
Located less than 5.5km from the Bendigo CBD and within close proximity to Bendigo Health, the site is particularly appealing for developers and investors looking to capitalise on strong demand from medical professionals and hospital affiliated staff. Easy access to schools, shopping, transport and key amenities further enhances its long term appeal.
Opportunities of this scale, position and flexibility are becoming increasingly scarce. Land bank, develop, subdivide or build, the choice is yours, all STCA.
